On September 25, CCTC fell 3.14% in regular trading, trading at around 127.2 HKD/share, with turnover of approximately 1.40 million HKD, as consecutive institutional and shareholder sell-offs weighed on market sentiment.
On the news front, the Hong Kong Stock Exchange disclosed that JPMorgan reduced its holdings in CCTC H-shares by 84,900 shares on September 21 at an average price of approximately 141.18 HKD per share, lowering its long position ratio from 10.02% to 9.99%. Separately, Huafeng Co. announced that its subsidiary Huafeng International had already sold 420,900 CCTC shares through the secondary market and authorized management to sell up to an additional 360,400 shares to optimize its asset structure and improve returns.
The successive disposals come after a strong rally driven by the MLCC supply-demand gap and surging spot prices, during which CCTC shares hit a post-IPO high of 152.70 HKD earlier this week. The broader Electronic Components sector also traded lower, with peers including KB Laminates down 1.73%, Kingboard Holdings down 3.89%, Sunny Optical down 2.45%, and Crealights down 5.29%.
(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)
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